The UAE's consumer electronics devices market is projected to hit $2.8bn in 2010, increasing to $3.7bn by 2014, Business Monitor International has said, with mobile phone penetration levels exceeding 250%.

The increase will be driven by the popularity of new electronic devices such as LED and 3G TV sets, 3G mobile handsets, smartphones, feature-rich notebooks and Blu-ray format DVD players, BMI said in its latest report.

In 2010, modest single-digit growth in consumer electronics sales is forecast, following a market pick-up in the final quarter of 2009, the report added.

BMI said computer hardware accounted for around 57% of UAE consumer electronics spending in 2009.